OrbitaxOrbitax

Update - Tax Treaty between Sierra Leone and Turkey

|Treaty Development|Sierra Leone-Turkey
Sierra Leone-Turkey

The income tax treaty between Sierra Leone and Turkey was signed on 3 November 2020. The treaty is the first of its kind between the two countries.

Taxes Covered

The treaty covers the income taxes and corporate taxes of both countries.

Withholding Tax Rates

  • Dividends - 5% if the beneficial owner is a company directly holding at least 25% of the paying company's capital; otherwise, 10%
  • Int…

Continue Reading